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blockbuster retail sales. this economy is stronger than you think. that may be a triumph. president obama says there's no immediate debt crisis. he thinks we're clear for the next ten years. sir, are you sure? we'll have the details four on that debate and doesn't forget free market capitalism is always the best path to ross peter. later in the show we'll show you a violation of it that blows my mind. i'm kudlow. we'll be right back. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. see lioutdoors, or in.ight. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little bett
is not buying it. and some economists are now saying that there's a shadow economy that could explain why the retail sales are rising despite static credit spending and paychecks. an explanation at last. at it all ahead unless breaking news changes everything. >>> from fox, at 3:00 in new york city, seven u.s. marines are dead and several others hurt after a training exercise in nevada. it happened at hawthorne army depot there last night. the military uses that base to store weapons and train troops. according to military sources, large mortar, like the one you see hour, somehow exploded. officials describe frantic scene. it was 45-minute chopper flight to the nearest trauma center in reno. today the white house says the president is watching the developments. >> the president's thoughts and prayers go to the families of those who were lost and those who are injured. we're obviously in the early stages of assessing the incident. it's a tragedy, clearly, and the president was briefed immediately on -- and made aware of it immediately and briefed on it, and we're monitoring the situation.
in washington. is something going to get done this year, and would a balanced budget hurt the economy? joining me for debate, the republican wlip in the house, kevin mccarthy, and the top democrat on the budget committee, congressman chris van hollen. >> we'll talk about the future of the republican party, and republican governor scott walker of wisconsin will join the conversation. walker of wisconsin will join the conversation. [ kate ] many women may not be absorbing the calcium they take as well as they could because they don't take it with food. switch to citracal maximum plus d. it's the only calcium supplement that can be taken with or without food. my doctor recommends citracal maximum. it's all about absorption. licking the cream off these oreo cookies. that's stupid. you're wasting the best part. shuh, says the man without a helicopter. wait, don't go! [ male announcer ] choose your side at oreo.com. to chart a greener path in the air and in our factories. ♪ to find cleaner, more efficient ways to power flight. ♪ and harness our technology for new energy solutions. [ female annou
this year? and would a balanced budget hurt the economy? joining me kevin mccarthy and the top democrat on the budget committee, maryland congressman chris van hollen. a little later, our round table will be back talking about the future of the republican party, and republican governor scott walker of wisconsin will join the conversation. and let in real people. it smells good. like laundry fresh out of the dryer. a man fresh out of the shower. nailed it. proof. febreze car vent clips keep your car fresh. breathe happy. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or
economy. we have strong opportunities in the energy sector, for us to see millions of jobs created in america and we need to quit stopping progress on things like the pipeline, the pipeline, we have an opportunity to build that energy economy, technology and science were two areas we're actually the champions in the world on those areas, so if we would allow for us to focus on growing our gdp, growing our economy we'd find ourselves with a strong opportunity to remain the world's super power. >> uma: coming from the chief executive, did it surprise you he would actually go on the record saying that he thought it was basically, we really didn't have a crisis to deal with? >> yeah, i think you hear democrat leaders saying there are spending problems and surprises to every american. what we should focus on as well is not only that we have the crisis from a financial standpoint. how do we solve that problem? and i look at my personal journey and met an entrepreneur who taught me out to make my way out of poverty of being in business and creating jobs. it'd be nice to have some of our f
of the country. high taxation and high debt are holding back the economy and the g.o.p. believes mr. obama is creating a nation at war with itself. the affluent vs. the nonaffluent. over the weekend senator ted cruze of texas, a conservative, delivered a very emotional speech at cpac. >> my father came from cuba. he had been in prison. he had been tortured in cuba. and he came to texas with nothing, with 100 in his underwear. didn't speak a word of english. washed dishes making 50 cents an hour. in someone had came up to that 18-year-old kid avenue as he was washing dishes and suggested to him that 55 years hence his son would be sworn into office as a united states senator representing the great state of texas. [ applause ] that would have been unimaginable. >> now mr. cruze says his dad made it on his own without government assistance. he worked hard and provide for his family and now his son has achieved the american dream. that's the way this country is supposed to work. but president obama himself has a very compelling story to tell. his father abandoned him. he was raised primarily b
a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work. if we do that, we'll be bringing in more revenue. if we've controlled spending and we've got a smart titlement package, then potentially what you have is balance. but it is not ballot backs of the poor, the elderly, the students who need student loans, families who got disabled kids. >> what do you think? how important is a balanced budget in the near term? in the next decade when it comes to the health of the economy? you can weigh in on the "nightline" page. hope you check out gma. more of the president's interview in the morning. see you tomorrow.
, we like to see that because it means the economy is doing better. of course, we talk how the federal reserve is playing a role in the rallywell. standing behind the economy and keeping the interest rates low and making sure that we can keep this economy bubbling along. so, every day we're watching this and every day it's going higher, harris. >> so you're sitting at home and not a big time investor. watching your retirement funds, is now a good time to put money in stocks. >> the people we're talking to saying he we could have a retrenchment, 2, 5, maybe more on the big board, the dow stocks and that's an opportunity for people to get back in if we have a pullback, that's what i would wait for. if you've got a long time horizon, be in stocks, you want to make sure you're going to fund your retirement with investments that last over a lifetime, not over 20 minutes or two seconds, like the pros sometimes do, harris. >> gerri willis, thank you very much. libyan authorities reportedly holding a person in custody tonight in connection with the terror attack on the u.s. outpost in benghazi
. >>> new report says california's economy will continue to improve with increase business investment and decreasing unemployment numbers. the forecast said it is estimated to grow 2% this year and 3% the following year. in california unemployment is expected to hit 9.6% this year and drop to 8.4 in 2014. >>> report shows retail spending is up despite higher taxes. americans spent at a fast pace in february. experts say the new numbers show people continue to spend even with higher payroll taxes cutting into their take home pay. experts predict a growth for the u.s. economy this year. >>> traders on wall street kept the market's streak going for a 9th day. the dow is up 5 to 14,455. the nasdaq is up 2 at 3,245. the s&p is up 2 to 1,554. >>> a new plan to extend last call has californians and bar managers worried. >> and we had numbers into the low 80s in some neighborhoods. more fog out there now and it will increase tomorrow, that mean as cool down -- means a cool down, how much cooler for your bay area thursday? i will have the details. . >>> we have breaking news right now from in
the past seven weeks. 46 disapprove. numbers worse when it comes to the handling of the economy. 44% back the president. 52% do not. dan lothian joins us from the white house. so the polls certainly can't help the president's cause, especially without republicans. >> it certainly shows there is a lot of frustration out there, a lot of concern for americans when it comes to the president dealing with debt and deficit. we expect republica will shine a big spotlight on that raising some of the same concerns and criticisms and you you heard some of that yesterday from representative paul ryan, the chairman of the house budget committee as he was rolling out his own budget that seeks to balance the budget over the next decade by doing away with a locality of health care reform, by streamlining the federal tax code. but president obama in an interview with abc news, says when it comes to the timeline, it's not what he has in mind. >> my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we're go
with the challenges facing our economy. the fact is there are folks on both side of the aisle that talk a good game on the idea of reforming medicare or doing something about social security, nobody wants to own the plan. they want to agree to it reluctantly to a plan brought up by the other side because here's another fact. medicare and social security are universally popular and even in a republican primary getting caught messing around with social security without a reason is bad politics. so any time you hear this from either side, the other side needs to lead, translation i'm not going to put out a plan on medicare or social security. you do it. maybe i'll agree to it. today is the second day of the organizing for action conference here in washington. when you hear what the president told political donors and activists last night, bear in mind he made those remarks after an hour of having his own motives questioned by house republicans repeatedly. from the outset, the president went out of his way to say his aims with ofa are not just political. >> people have been puzzled about what it is tha
when it comes to the economy. listen to this. >> my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we're going to be bringing in more revenue. martha: stuart varney, host of "varney & company" on the fox business network. what do you think about that statement? he says you shouldn't just chase a balanced budget just for the sake of being able to say it is balanced? >> i think the president was spelling out his priority and his priority is not balancing the budget for the sake of balancing the budget. his priority is growth by spending more government money. that i think is his priority. and as you said, martha, that is in sharp contrast to paul ryan who is deliberately going after deficits and the debt and wants to balance in ten years. so you've got two very clear sides here. the president says, spending and debt probably sustainable. paul ryan said, no, it is definitely not. martha: is that debt sustainable, stuart? it's growing like wildfire. >> take a look at right now. a
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the fed is pumping into the economy every month. yesterday's introduction of the new pope igniting a social media frenzy. twitter says 130,000 tweets permitted were posted about the new pope. notable considering it wasn't a prime time event. for a short time every trending topic was pope related and only by 6:30 p.m. eastern mentions of bergoglio on facebook were up by nearly 4 million percent. >> is he on twiter? >> i think he is. >> back up, yeah. >> tweeted last night. >> he did. a lot of people are following that. i think the last time we had a pope -- new pope so it wasn't even twitter. this is a whole new phenomenon for catholics to watch this news. meantime, incredible study this morning. more and more parents are stressed out. a new study from pew research. >> wait a minute. someone put money into a study. that's ridiculous. >> more than half of working moms are stressed and dads are right behind them. >> that sounds low. >> parents take on new roles. more moms are work ought side the home today with moms saying they spent 21 hours per week at a paying job, up eight hours f
the revenue? we'll get it from growth in the economy but if the growth is not going to take place until the years 13, 14, and 15, why not incorporate that in our budget discussions and i really believe we'll find and to build a budget going forward. >> congressman, you say you're optimistic about finding common ground. the white house has egg on its face after a report in the "national journal" that quoted a white house official calling the president's visits to capitol hill a joke. i want to play what jay carney had to say to that yesterday. >> i have no idea who said that but i can tell you that opinion has never been voiced in my presence, in the president's presence, in the west wing. it does not represent the president's view. >> so the president is meeting with house republicans this afternoon. is anyone really taking seriously the outreach that the president is doing? are your colleagues on the hill looking at this and rec fiziogn that the president is trying to engage on a consensus? yes, we are. i don't know who may have said that. but let me say to that person, this ain't no j
? >> it used to be a stock market was a direct barometer of america and america's economy. that is not necessarily the case anymore. main street malaise and frustration is valid. wall street, particularly talking about the dow jones industrial average, talking about the 30 biggest companies in this country, that move is valid as well. these guys are getting profits from outside of this country. the world can't get enough products from ibm. caterpillar 70% of the its business outside of this country. parent company of kentucky fried chicken, they don't care what happens here, the news from china better be good or their stock goes up and down. anywhere near all the cylinders that we could fire on and american public knows there and obviously they're very frustrated by it. martha: what do we have to do to get growth cooking back in this country again, charles? >> i got to tell you, i don't know over the next four years we will have the exact gameplan we need to be quite frank with you. there is different agenda out there controlling things, anti-business, anti-success agenda.
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of the european economy is driven by bank lending. liz: is that or you? >> quite a bit because banks are not lending unless they get very, very pricey type of loans out there. they're trying to arbitrage with they can borrow from the ecb in what the land to business to increase their capital base. liz: are you worried about what is going on? let's bring it home, the fed and when the fed, perhaps, eventually titans. has to be inevitable. >> yes, but i love saying this. as you look back and a 73% of the time the market is going up. 70 percent of the time the fed is not easing. so people have this kind of warped sense, and i don't know how else to describe it -- markets only open the fed is easing. markets go up and earnings to better. what fed policy will really do is set something on interest rates. normally when interest rates go down pe goes up. over the last four years interest rates have come down and pe has come down. so the fact that -- liz: hold on one seconds. we have breaking news. let's listen in. the curtain is opening in st. peter's square. [applause] [speaking in latin] [
for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that we're going to be bringing in more revenue. if we control spending and we've got a smart entitlement package, then potentially what you have is balance. but it's not balance on the backs of the poor, the elderly, students who need student loans, families who have got disabled kids. that's not the right way to balance our budget. >>brian: you were doing good until the last line. if you want to reform entitlements, all of a sudden you don't like the poor, the elderly, people with special needs, then all of a sudden you can't talk anymore. these are entitlement programs that need to be reformed in a way that will be sustainable. you don't have to vilify people that come up with plans. come up with your own plan. for him to say i'm not going to balance the budget just to balance the budget, did he get anything out of the dinner from last week? >>steve: how many times in the campaign did we hear from the democrats we've got to have a balanced approach where everything is balanced, except when
in a down economy. she goes to protest along with her seven-year-old daughter and her husband. mrs. hart begins reading from the constitution, county assessor and the appraiser hired by the county tell her to stop. as she was leaving the meeting, she called a pencil pusher and he was irate. and took her license number and when the harts got home they were waiting and claiming she threatened to shoot up the county building. she was arrested and charged with terroristic threats. >> i never made a threat. i never used the word gun, i never spoke of the word gun in a sentence. i never said second amendment. my focus was on my property rights and the dispute against the property assessment. >> reporter: keep in mind there were others at the meeting, but apparently only the appraiser hired by the county heard the threat. we contacted the county and they gave us the statement saying, quoting, here, the county assessor has never experienced this type of extreme behavior from a taxpayer. the police were notified because the asi representative, that's the appraiser, perceived the resident's state
to the airport by his friends. he flew there on economy. now next thing that happened in this country, the president is going to fly to rome to be there with pope francis known as francisco for his first mass on sunday, george. >> the pope flies economy. that's something. but one other question -- you say what he was known for is simplicity. is he that well known inside argentina? >> reporter: he's pretty well known as opposed to the other contender based mostly in rome as a diplomat. he was here and met with the people. he was a champion of the poor and he worked very hard to actually help people out in this country and that's why he actually had a pretty decent amount of notoriety here. >> matt gutman, thanks very much. >>> we turn to judge judy. in a twist she could soon be headed to court not as a judge but defendant facing tough questions about expensive goods bought at bargain basement prices. abc's abbie boudreau has the story. >> what are you, crazy. >> reporter: judge judy is used to being on this side of the bench. >> i'm still waiting for your defense. >> reporter: but the
of people's savings. bankruptcy could rick shay through the fragile economies of europe straight to the u.s. a vote is expected in cyprus in the next couple of days. >> all right with a ban on supersized soda on hold michael bloomberg now taking aim at tobacco. it's to encourage young people from smoke according to the mayor. >> tobacco targets children, going neighborhoods where the bottom end of the economic ladder and they believe those people are more susceptible to add ads and less able to make the distinction. >> new york has some of the most restrictive antismoking regulations in the country, cigarettes banned in many public parks and other public places as well. >>> brings us to the facebook question of the day. what would you do to stop children from smoking cigarettes? d logon to wnn.com. mayor bloomberg is told to but out. >> when i cover my red wine from my cold, dead fingers i'm taking a stand. >> that's the question, how far do you go if it's really for the kids, how far do you go? >> it's about education. it's good they don't have the commercials on tv but bocks behind the
with the economy in december, the president held 18-point advantage over congressial republicans. but he has dropped 14 points since then. now only holds an edge of 44% to 40%. the aides privately tell fox they're getting antsy. it's overshadowing the president's effort to come to other legacy issues like immigration reform and gun control. that explains why the president was on capitol hill for second straight day. democrats rush to his defense about whether the outreach is sincere. >> give peace a chance. >> he hasn't even come here yet and already we are criticizing him coming here or what his mote rations are. >> he works lawmakers on a grand bargain, the president could hurt the case for action. by also telling abc news there is not a crisis. we don't have an immediate crisis in terms of debt. for next ten years it's in a sustainable place. different what he said in the 2008 campaign about then president bush's stewardship. >> we have over $9 trillion of debt we are going to have to pay back. $30 few for every man, woman and child. that's irresponsible. that is often patriotic. >> carne
economy on the poorest. and that is something that i think is a real hallmark of his stewardship and something we'll want to see how he brings that conscience and that economic understanding to the papacy. >> shepard: 500 million catholics in latin america. it's been a. >> did you're trying to send a couple of messages, it seems -- with divine inspiration picked a man of and by and for the people, if you will, and have also said latin america, we recognize you. >> i think that's exactly right. i think when he greeted everyone with buenos aires and there was -- just that thunderous wave of applause in st. peter's square, it said it all. the catholic church has gone through tremendous scandal, tremendous strain. it's suffering. it's had a deep moral and economic crisis, and it's looking for someone to lead it through to a new beginning. i think hearing those words, buenos aires, was the first harkening of that change. or at least a recognition that hope is very strong out there for change. we'll see how this pope takes on the extraordinary task of reforming a catholic church that's
is a balanced budget. this will give us a healthy economy. >> balancing budgets is not just arithmetic. it is a means to an end. it's a means to a healthier economy, a pro-growth society, a pro-growth economy that delivers opportunity. >> bill: president obama is talking with george stephanopolous says, no, no, no, for paul ryan balancing the budget has become more important than doing the right thing for the american people. >> if you look at what paul ryan does to balance the budget it means that you have to voucherize medicare. you have to slash deeply into programs like medicaid. >> bill: jay carney pointed out yesterday in our briefing at the whitehouse that the other thing about the ryan budget is it is all spending cuts, all cut cut, cut, cut, cut. not one freaking penny of new revenue. >> have you looked at the ryan budget? can you find a single item of tax reform, a single loophole closed? $5 trillion, $5 trillion, man. >> that's a lot of money. not one. >> bill: cuts 5 trillion, doesn't add one penny new revenue. it's totally unrealistic. here'
they say. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and white house like it not clear how senate democrats up for re-election 2014 will feel about voting on another 1 trillion-dollar tax increase. shep? >> shepard: we heard today from com ryan. he is contrasting the house g.o.p. budget with the senate plan. >> that's right. congressman paul ryan notes that his own plan would increase government spending each year but just not at the rate that we are doing currently. ryan also is particularly irritated with one aspect of the senate democrats' plan.>> we may not agree on how to balance the budget. but we ought to be able to agree on 00 need to balance the budget. a balanc
decreasing populations. experts blame aging population and struggling economies that force younger people to go elsewhere for work. rural communities hit hardest. nearly 50 percying population decreases. >>> the conclave elected a new pope. the cardinal from argentina is a jesuit who has been described as one word, humble. what can we expect from this new catholic leader? we are joined boo a jesu-- by a jesuit priest. thank you for joining us. >> thank you for having me. >> how can this influence his leadership as our new pope? >> i think with this pope we will see a man as you mentioned very humble deeply spiritual and informed by the spirit. he will be a man of great prayer who will bring great change to the church. certainly hoping he will be a man who will reconnect the church with the people on the ground level. >> i want to ask you about that. i am hearing from a lot of catholics who say they want to combine the tradition with the modern world. he's known to be a reformer. will this happen? >> i certainly hope so. that has always been the indication with him. we heard he is a man ur
skidding by in this tough economy. >> keith ellison, thank you very much for coming in. >> thank you. >> democratic congressman from minnesota. >>> up next, a surprise for president obama. what our latest poll shows about his job approval. >>> then, an insider from the bush white house is spilling the beans about the march to war in iraq ten years ago. the former bush speech writer is here live. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. >>> if there was ever a second term honeymoon, it looks like it's over. president obama's j
spending $85 billion a month to stimulate the economy. he's putting money into the system, which is helping the stock market. and he's keeping interest rates low until the unemployment rate gets to 6.5%. a lot of folks are looking at this particular mix of factors and saying, the stock market could go -- excuse me. could go higher here. i'm speechless. >> i had to admit, i had no idea where you were going with "fargo." when you brought it together there. i like many men, are obsessed with the phone wars going on now. there's a huge announcement today. >> the samsung galaxy s-4 is released today. this is a food fight for the smartphone world. a lot of people are saying, if samsung could get some cool in this phone, the android market is huge. samsung and apple have been fighting over their share of this market. and look at the advertising of these companies, by the way. and you can see that samsung are 4 billion in estimated annual advertising. look at how that compared all of the other, like big names that you know. they're spending a lot of money to be sure you know their phones are cool.
to get our economy moving again? republicans want to balance the budget. the president doesn't. republicans want to solve our long-term debt problem. the president doesn't. we want to unlock our energy resources to put more americans back to work. the president doesn't. but having said that, today was a good start. and i hope that these kinds of discussions can continue. >> he says it's a good start. doesn't sound like such a good start to me. >> no. >> maybe he has a different definition. >> well it sounds like he is still in the middle of the campaign. i think, look. the republicans injure that room blaming the president for being too political. and john boehner is out there saying that the president doesn't want to create jobs or reduce the deficit. of course he does. they all want to do that. the question is, as dana points out earlier, how do you get there? and they there are at this moment where they all know what they have to do. it is just that each side has to be willing to get its political base angry. the president has to be willing to tell democrats that we're goi
advil®. as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >> steve: regulation nation. you want to know how easy it is to break the law? take a look at this. you can break a lot. ♪ ♪ . >> steve: so easy. our next guest agrees, arguing even simple things like setting up a lemonade stand could land new a new york city jail. joining us, a guy who tried just that, he is not currently in the pocky. john stossel. good morning to you. >> we have too many rules. yet outside the studio, i tried setting up a lemonade stand. we have a clip of that. >> steve: we do. >> wait a second! i shouldn't have sold it to you. i have to get it back. my customers thought this was crazy. many had once had their own lemonade stand. do you have to
of 2023, the economy will be at a crawl. we will have $8 trillion added to the debt. >> in a trip to a national laboratory outside of chicago, the president made a number of very light-hearted comments about the impact of the sequester. the speech went on to focus on the energy proposal. >> those who have chairs, lease feel free to sit down, everyone was standing and i thought...the laboratory, you know, an effect of the sequester, you had to...get rid of chairs. glad we got you chairs. >> as you mention two different tones, the speech coming on the heels of a rare three day visit to capitol hill where he reaped across party lines to encourage compromise. >> back to you. >> now, because another bombshell in the benghazi story this morning. perhaps the white house hoped the story had gone away but it turns out that we were wondering, why haven't we heard from any of the survives? why not hear from the press? we only hear from hillary clinton and high level officials, why have we not heard from the survivors who were there at the consulate when this unfolded? this only we could have
beliefs of smaller government, lower taxes and a stronger economy. here is more. >> we don't need new principles. we need lots of ideas about how to implement those principles in the 21st century. >> stop panicking, republicans. obama was an incumbent. he did worse than any other incumbent to win reelection in more than 100 years. >> and the keynote speaker, texas senator ted cruz, encouraged the crowd to push for, quote, opportunity conservatism as he calls it. policies that promote growth and opportunity. harris? >> harris: we saw sarah palin get a warm welcome. the former governor of alaska. >> yes, she got seven standing ovations. during her speech, she chided president obama for being, quote, a permanent campaigner instead of a leader. here is more of what she said. >> leaders reach across political differences. campaigners double down on those differences. leaders seek to bring americans together to confront our challenges and campaigners, they seek to divide and to conquer and to orchestrate crisis after crisis after crisis to exploit. >> there was also a moment of levity when
with the economy. now it's 44% lead to 40%. just a 4% gap. it's a pretty significant drop in a couple months. >> you know, i think my advice, if they ask me, which they haven't, would be -- >> highly unlikely, i would think, would be ignore the polls, he's re-elected, he's going to be president. i watched ronald reagan go through a period in 1981, 1982, where he slid down to about a 38% approval level. there was a terrible recession. we were breaking the back of inflation with very high interest rates, people were very unhappy. and reagan understood to be a leader, you have to figure out where you're going to go and you have to go there and then if you're right, eventually people come around and say, that was real leadership, if you're wrong, by the way, you turn out not to be very much of an historic figure. my first advice would be, hide the polls until next january. let's spend a few months worrying about america and not jockeying every weekend over the next poll, because they don't matter. they are utterly totally irrelevant and they're a distraction to good government. >> a couple other
corporate earnings and concrete signs that the economy is slowly improving. like last week's monthly jobs report and yesterday's retail sales report showing that consumers are still spending despite the 2% payroll tax hike. keep in mind that valuations are telling investors that equities are not overpriced. based on the s&p 500, it's 16. that's below the average that we've seen since 1988 of 18.8. there's still stocks out there that are cheap. a word of caution, when the market runs up, analysts predict a correction soon after. beware of these stretches. >> meantime, there's a new survey out. i thought it was interesting. there's a big shift in the attitude of working moms. >> that's very true. according to a pew research study. a big spike in the number of working moms that said they prefer to work full-time. 37% said that. that was up from 21% in 2007. it comes at an interesting time. because despite the run-up in the stock market, it's tough out there for most people. that could be influencing the results of had study more than ambition alone. >> cnbc's jackie deangelis, always good to
for the sake of balance. my goal is how do we grow the economy, put people back to work and if we do that we are going to be bringing in more revenue. if we have controlled spending and we have a smart entitlement package potentially what you have is balance, but it is not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who have disabled kids. that's not the right way to balance our budget. >> the white house says the math in the gop budget plan simply doesn't add up and it would hurt the middle-class. you can see the full exclusive interview a little later today coming up on "good morning america." >>> a new piece of gun control legislation faces an uphill fight in congress despite taking the first step. a senate committee yesterday approved a bill requiring nearly universal federal background checks for gun buyers including those at gun shows. it passed without any republican votes and its future is unclear in the full senate. tomorrow the same committee votes on a measure to ban assault weapons and high capacity ammunition magazines. >>
a successful economy. look back at the eisenhower years when we built the roads that weave all overthis country, you can go back to the civil war when the transcontinental railroad happened or all of these important public investments that leveraged private investment -- >> that's right. >> so the bottom line is this argument that government never created a job is ridiculously false. darpa, the grant program from the military, which is the government that helped found this thing known as the internet. come on -- i heard the internet started a new jobs. >> al gore started that. >> bill: i want to try to get a word in here now -- [ laughter ] >> it is your show, isn't it? [ laughter ] >> bill: we have to take a little break here, but it's not just the ryan budget there is a competing budget, a budget released by the progressive caucus yesterday, who's co-chair is in studio with us. i want to hear more about that when we come back here on the "full court press." >> announcer: heard around the country, and seen on current tv. this is the "bill press show." ♪ the iss
't work, which is why our budget focuses on accelerating the economy and putting people back to work right now, for example getting rid of the sequester. so i guess the bottom line, soledad, it's good they're recognizing they've got a problem. but as far as i can tell they misdiagnosed. >> you say with the exception of immigration, and immigration is a big exception. you can see paul rand talking about a pathway to some kind of citizenship. in the tea party. that's i think a little bit of a surprise for some people. do you worry as a democrat that with republicans, i think, correctly analyzing the issue, and the problem they have with the fastest growing demographic in this country that that's going to be a real challenge to democrats? >> look, i'm glad that our republican colleagues are finally on board with immigration reform. we've gone at a very short period of time -- >> right but that's not my question. my question is do you worry that that's going to be a, a part of getting them to capture the hearts and minds of -- >> no, i don't worry -- >> -- idea as really republicans if there w
-- >> it's love fest. >> look the political economy is clear. let's not fool ourselves. the initiative in new york was one initiative. it's silly to ban superize drinks and still have big gulp. they tried to impose a soda tax in california. that was defeated. there was discussion of a soda tax in the affordable care act and beverage industry went bananas. in vermont they are trying it. in hawaii. in each place it's been beaten back often with the power of money from big soda which doesn't want to see this and grass root support often from groups that represent people of color. this is not unique to new york. >> let me just say this. we talk about interesting coalitions. i'm standing in opposition to the soda ban with a conservative liber libertyian. the mayor exceeded his authority and trespassed on the jurisdiction on the new york city council and clearly he did not consult with the new york state council or new york state legislature and clearly this entity, this agency, this administrative agency never consulted with new york city council. now, for me the issue is really about physi
, defending being a rich person, which is a shame in a free- market economy. i am a miami dolphins and. -- i am a miami dolphins fan. they are great at playing until they lose the game. after had the lead until the first debate. you cannot fight by the market of queens very rules in a street fight. lesmarquess of queensberry ru in a street fight. only 51% of one-third of the eligible electorate, that is not much of a mandate. we elected the same republican majority in the house with the same speaker of the house, and through the incompetence of some senatorial campaigns, which elected the same majority leader in harry reid. three things. e need to retake education, where they transform education into social engineering and revisit history and revise it. popular culture. they have to demand immediate reform. bold.vatives need to be they have a better argument and a powerful ally, the truth. and subscribeth to "investors business daily." business daily." >> awesome. overve some time to mull what conservatives should do next, and i was struck in your comments about the romney campaign. i rememb
been rallying with some upbeat data on the economy. today wall street will get a new report on retail sales. we are expecting an increase but investors will be watching to see if higher gas prices and the expiration of those payroll tax cuts cause shoppers to pull back. >>> a multimillion dollar settlement over how it collected its map images. the tech giant is paying 37 states a total of $37 million. google admitted three years ago when it sent around cars with cameras to collect images of its street views it collected pass words from unencrypted wi-fi. >> the irs says some tax returns claimed educational credits were filed improperly. the agency is not saying who is to blame but h&r block does acknowledge that it encountered errors when filing some returns. h&r block says the problem is now fixed and that it's working with the irs to get the refund out as quickly as possible. >>> signs of life on mars coming up why some astronomers say we're closer than ever to answering the big question. >>> wait for a sign. all eyes on the sistine chapel chimney, with a secret vote for a new pope
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